Overview
Toyota Motor Corp. plans to invest up to $10 billion more in the United States over the next five years and has opened its first U.S. battery manufacturing facility in North Carolina, moves the company says will deepen its electrification push and expand its domestic footprint.
With this commitment, Toyota’s cumulative U.S. investment approaches $60 billion since it began operating domestically nearly 70 years ago. The new plant—Toyota Battery Manufacturing, North Carolina (TBMNC)—is a nearly $14 billion project and is expected to create up to 5,100 jobs as it scales.
Key numbers and facts
- New U.S. investment: up to $10 billion over five years (project-by-project breakdown not disclosed).
- TBMNC: first in-house Toyota battery plant outside Japan; Toyota’s 11th U.S. manufacturing site.
- Jobs: up to 5,100 positions tied to TBMNC as operations ramp up (timeline not specified).
- U.S. footprint: roughly 50,000 employees; more than 35 million vehicles produced across 11 U.S. facilities to date.
Why it matters
The North Carolina launch gives Toyota a domestic base for battery production as automakers localize critical supply chains. Toyota says U.S.-based battery output will reduce logistical risk and allow faster response to regional demand for hybrid and battery-electric vehicles.
Plant and operations
- TBMNC is positioned as a pillar of Toyota’s long-term sustainability and electrification plans, supporting both hybrids and full battery-electric models.
- Production targets, specific battery chemistries, and vehicle program tie-ins were not disclosed.
- In-house capability is intended to tighten coordination between battery development and vehicle assembly, potentially shortening lead times and deepening supplier collaboration.
Strategy and community impact
Toyota frames the investment within a “best-company-in-town” approach—building where it sells, tailoring products to regional needs, and contributing to local communities. The company also links the expansion to its Guiding Principles and certain United Nations Sustainable Development Goals, citing climate, safety, and inclusion priorities. It says the North Carolina project will bolster local economies through job creation and supplier activity.
Electrification and technology roadmap
The company views electrified products—hybrids and battery-electric vehicles—as part of a diversified lineup aimed at different customer needs. Beyond batteries, Toyota continues developing connected, automated, and shared mobility technologies to align with long-term shifts in transportation.
What’s next
Toyota did not announce new vehicle programs tied to TBMNC but says the opening strengthens its U.S. manufacturing base. The next phase is integrating the plant into its North American network and scaling operations, with a continued emphasis on producing vehicles and components close to customers for efficiency and responsiveness.
